News
Anthropic in early talks to raise at $150B+ valuation — more than double its current $61B price tag
Jul 25, 2025
Key Points
- Anthropic is in early talks to raise at a $150 billion-plus valuation, more than double its current $61 billion price tag, with Abu Dhabi's MGX among investors in discussions.
- CEO Dario Amodei recently circulated a memo stating Anthropic should not benefit "bad people," a principle he acknowledged is difficult to operationalize as the company pursues sovereign capital from the Middle East.
- The fundraise reflects intensifying capital competition in frontier AI as Anthropic competes against OpenAI and rivals for compute and engineering talent.
Summary
Anthropic is in early talks to raise capital at a valuation exceeding $150 billion, more than double its current $61 billion price tag. MGX, Abu Dhabi's AI investment fund, is among the parties in discussions. No term sheet exists yet, but the valuation jump reflects intense capital competition in frontier AI. Anthropic CEO Dario Amodei recently circulated a memo arguing that the company should not benefit "bad people," a principle he acknowledged is "difficult to run a business on." That tension surfaces as Anthropic pursues sovereign capital from the Middle East. The fundraise comes as Anthropic competes for compute and talent against OpenAI and other rivals building advanced models.